Latest business stories from across Kenya.
Kenya’s financial regulators have renewed their push for stronger compliance with international reporting standards. They said public and private organisations must follow IFRS and IPSAS to improve accountability and strengthen the…
The fifth edition of the Creative Producer Indaba (CPI) has commenced, bringing together fifteen accomplished filmmakers and producers from across the globe. The 15 filmmakers include Kenya’s Yasmin Hassan Mohamed. The acclaimed programme…
Thirteen banks have been recognized for their role in driving trust, affordability and simplicity in instant account to account payments in Kenya. During the inaugural Pesalink Bank Awards 2025, Bank of Africa emerged the top bank with the…
KCB Bank Kenya and Visa have announced a landmark collaboration to roll out the Tap to Phone contactless payment acceptance solution. Business owners will now be able to accept card payments directly on their existing Near-Field…
Tatu City has officially redefined luxury urban-nature living with the launch of Porini Point. It is a premium residential enclave that marries contemporary design with an unparalleled connection to the wild. Launched on November 15, 2025,…
Global insurtech company bolttech has expanded its footprint in Africa, announcing the acquisition of Kenyan digital insurance platform mTek. The deal, finalized on December 3, 2025, strengthens bolttech’s strategic position in East Africa…
Taiwan says it will block access to popular Chinese social media app RedNote or Xiaohongshu for one year following concerns over online shopping scams. The island’s Criminal Investigation Bureau said Thursday it detected more than 1,700…
The Office of the Data Protection Commissioner (ODPC) has ordered Diamond Trust Bank Kenya (DTB Kenya) and Diamond Trust Bank Uganda (DTB Uganda) to pay a total of Ksh. 500,000 in compensation to a customer following a severe data privacy…
The Banker’s 2025 Banker of the Year Awards has been announced with Absa Bank Kenya named Bank of the Year – Kenya. Digital transformation remains a key differentiator, with many winners recognized for overhauling their technological…
The government plans to sell a 15% stake in Safaricom to Vodacom Group Limited for Ksh.244.5 billion, the telco has announced. The stake, equivalent to 6,009,814,200 ordinary shares priced at Ksh.34 each, will reduce the State’s ownership…
Nairobi has secured its highest-ever ranking in the newly released Jeune Afrique 2025 African Cities Attractiveness Index, taking third place and strengthening its reputation as one of the continent’s fastest-growing tech and investment…
Silver attracts investors who want exposure to a metal that sits between industrial use and traditional store of value. Like other commodities, it responds to economic data, interest rates, changes in supply and demand, and investor…
Safaricom’s consumer promotion, Shangwe @25, has announced five new winners who have each joined the millionaire club. The latest winners brings the total number of millionaires in the campaign to 10 since its launch last month. The five…
Access Bank Kenya and the National Bank of Kenya have introduced a new programme aimed at strengthening women-led and women-backed businesses across the country. The initiative, known as the W Initiative, is expected to widen access to…
Access Bank Kenya and National Bank of Kenya (NBK), both subsidiaries of Access Bank PLC, have announced the launch of the W Initiative. It is a platform designed to provide women-backed businesses across Kenya with expanded access to…
The Government of Kenya is preparing to sell a portion of its shareholding in Safaricom PLC, opening the way for Vodafone Kenya Limited to increase its stake in the country’s largest telecommunications company. This follows a formal notice…
The government will use Ksh 244.5 billion raised from partial sale of its equity in Safaricom Plc as seed capital for two key funds, Treasury boss John Mbadi has announced. This follows a proposal by Vodafone Kenya Limited to acquire 15pc…
Airtel Money and Diamond Trust Bank (DTB) has announced a new partnership that will benefit both consumers and Small and Medium-sized Enterprises (SMEs). The cornerstone of the enhanced partnership is the ability for Airtel Money customers…
Investors have poured Ksh 8 billion into Family Bank, exceeding the bank’s initial target of Ksh 6.090 billion and achieving an oversubscription of 131 per cent. The new funds will help the bank expand lending, push forward its digital…
Meta has started booting Australian children under 16 years off its Instagram, Facebook and Threads platforms, a week before an official teen social media ban begins. The tech giant announced last month that it had begun notifying users…
Safaricom PLC is set to undergo a significant restructuring of its ownership. A recent public announcement confirms a major transaction where Vodafone Kenya Limited will acquire a substantial additional stake from the Government of the…
The Office of the Data Protection Commissioner (ODPC) has ordered Fingrow Capital Limited to pay an administrative fine of Ksh. 200,000. The penalty was imposed after the lender was found guilty of illegally disclosing the confidential…
The Office of the Data Protection Commissioner (ODPC) has taken action against three Data Controllers. They have issued a total of Ksh. 9,375,000 in Penalty Notices for significant violations of data privacy rights and non-compliance with…
Platinum Credit, a micro-lender in Kenya, has been ordered to pay a penalty of Ksh. 400,000 to a Kenyan citizen. This is after being found guilty of unlawfully processing personal data to send unsolicited loan promotional messages and make…
